The Chartered Body Alliance has called on the FCA to make its proposed financial services directory easier for consumers to differentiate between those who have and have not achieved certain qualifications.
With a global membership of 200,000, the Alliance, which combines the Chartered Institute for Securities and Investments (CISI), Chartered Insurance Institute (CII) and Chartered Banker Institute, said the regulator's proposals to develop the directory would, in failing to include key information, fall short of its aim to "empower the consumer". The Financial Conduct Authority (FCA) is consulting on a new directory that will include financial advisers and sit alongside the current Financial Services Register. The directory is expected to include public information on individuals that wil...
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